Return to Blog

Another Advocate for Indexing

Yesterday, I met with a Captain from Atlantic Southeast Airline (Delta Connection). As soon as he walked in the door, he handed me an article from USA Today about a new book by Justin Fox. Justin Fox was unknown to me but the title of his book, "The Myth of the Rational Market," quickly caught my eye. After our meeting, I read the article in full. In the article, written by freelance writer Richard Eisenburg, we see that Mr. Fox has spent years tracing the evolution of the Efficient Market Hypothesis. This hypothesis says stock prices are random, can't be predicted based on past movements or publicly available information, and are in some fundamental sense, right.  His conclusion is that hiring a mutual fund manager to beat the market is a loosing game. Evidence of this is in 2008 when active managers in theory should have beat the market but instead most lost more than the S&P 500's decline of 38%.
This article coming to my attention this week plays perfectly with our quote of the quarter from an anonymous Fortune Magazine Writer. "By day we write about "Six Funds to Buy NOW!"... By night, we invest in sensible index funds. Unfortunately, pro-index fund stories don't sell magazines." It is great to know that more professionals are joining the indexing revolution.
Wiser Wealth Management, Inc. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Happy Independence Day!

#independenceday #julyfourth #fourthofjuly

Happy Birthday to Kylie, our Marketing Assistant! Kylie works hard behind the scenes on our website, podcast, social media, and so much more.

Meet Daphne, our Financial Planning Intern. She is studying Finance at The University of Georgia. We are excited she's joined us for the summer!

Your Medicare premium is affected based on which tax bracket you fall within after age 63. IRMAA is your income-related monthly adjustment amount. Watch today's video to learn more about how IRMAA works. #irmaa #medicare

The big question is, will we have a recession in 2022? Watch this video to find out! #recession2022 #recession



Client Access

Firm Information

Schedule a Meeting
678-905-4450[email protected]
Google Rating
Based on 71 reviews